HomeMy WebLinkAboutR-03-57RESOLUTION NO. R-03-57
A RESOLUTION OF THE CITY OF SEBASTIAN, INDIAN RIVER COUNTY,
FLORIDA ADOPTING AN AMENDED BUDGET FOR TIlE FIVE YEAR CAPITAL
IMPROVEMENT PLAN AS PROVIDED FOR IN EXHIBIT "A"; PROVIDING FOR
CONFLICTS; AND PROVIDING FOR AN EFFECTIVE DATE.
WHEREAS, on September 24, 2003, the City of Sebastian adopted Resolution No. R-03-38
providing for the adoption of the City's 2003-04 budget; and
WHEREAS, on November 12, 2003 City Council approved the elimination of funding for
construction/development of park facilities on a 33-acre City owned parcel in the southeastern
section of the community from the FY 2003/2004 budget and to designate said amount totaling
$200,000 for a reserve account to help finance other future capital projects.
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
SEBASTIAN, INDIAN RIVER COUNTY, FLORIDA, THAT:
Section 1. The Capital Improvement Program budget of the City of Sebastian, Indian River
County, Florida for the Fiscal Year beginning October 1, 2003 and ending September 30, 2004 be
amended, a copy of which is attached hereto and more particularly identified as Exhibit "A", which
are hereby adopted.
Section 2. All resolutions or parts of resolutions in conflict herewith are hereby repealed.
Section 3. This resolution shall be come effective on December 10, 2003.
It was moved for adoption by Councilmember Hi 11
The motion was seconded by Councilmember M¢Collura
vote, the vote was as follows:
and, upon being put to a
Mayor Walter Bames
Vice-mayor Ray Coniglio aye
Councilmember Joe Barczyk aye
Councilmember Nathan B. McCollum aye
Councilmember James A. Hill aye
absent
The Mayor thereupon declared this Resolution duly passed and adopted this 10thdayof December,
2003.
~J~OF S.~ IAN, FLORIDA
By'~. ~7: Ray Coniglio, Vice-Mayor
f3/~ayo~lter Barnes
ATTEST:
Sally Al Ma~', cMc
City Clerk
Approved as to form and content for
reliance by the City of Sebastian only:
Rich Stringer, ~
[CITY OF SEBASTIAN, FLORIDA 2003/2004 ANNUAL BUDGETI
"EXHIBIT A"
This Fund includes all of the City's "Pay as you go" and loan funded Capital Improvement Projects.
Funding for Capital Improvement Projects is provided from other City funds, loan proceeds and
miscellaneous revenue. Capital project expenditures are accounted for in Capital Project Funds, the Golf
Course Projects Fund and the Airport Projects Fund, but they are presented in a consolidated manner in the
budget document to facilitate review of capital projects as a whole.
CAPITAL IMPROVENmNT FUND
REVENUES BY SOURCE
Local Option Gas Tax Fund
Discretionary Sales Tax Fund
Recreation Impact Fee Fund
Grants and Other Revenues
TOTAL
$ 150,000
$ 1,059,693
$ 70,0oo
$ -
$ 1,279,693
EXPENDITURES BY TYPE
The proposed Capital Improvement Program for 2003 - 2004 is as follows
Roads
Sidewalks
Recreation
Public Facilities
Sub-total Capital Projects
Debt Service
Reserve
TOTAL
300,000
180,000
270,000
175,000
$ 925,000
154,693
200,000
1,279,693
104
]cITy OF SEBASTIAN, FLORIDA 2003/2004 ANNUAL BUDGET
Recrmtion Fadlifies
Picnic Pavilic~ Playgax~ O~ring
(m trees), mr_~ Siz~g~ etc.
F.,~y SIn~ Park (Zn~ B)
Picnic Pavilion, Pl~m,d, ~
Ri~viewPark Phase IV (7ar B)
Public Fadlifies
PW~ P, docatim
175,000 175,000
154,693 154,0)3
105
FIVE YEAR CAPITAL IMPROVEMENT PROGRAM
This is the anticipated Capital Improvement Program Project Schedule for the General Fund, Golf
Course Fund, and Airport Fund. It also includes projects funded by the Local Option Gas Tax,
Discretionary Sales Tax, and the Recreation Impact Fee. It is a listing of projects needed for
replacement or improvement of the City's major facilities, roadways, and structures. The list is
categorized by the nature of the project.
Funding for Capital Improvement Projects is provided from other City funds, bond issues, notes and
miscellaneous sources. Capital project expenditures are accounted for in the Capital Projects Funds,
Airport Fund and Golf Course Fund.
Funding for the 2003-04 projects is identified and included in the proposed 2003-04 Capital
Improvement Budget. For the years 2005-2009 the projects have been identified along with their
anticipated funding sources. Although, potential funding, has been provided, changes may be made
in conjunction with alternative sources as they become available in each of these subsequent years.
As with the annual Capital Improvement Program, funding will be provided in a combination of pay-
as-you-go and bond/grant financed sources. The timing of projects identified may be altered from
year to year to meet changing circumstances.
The Five Year Capital Improvement Schedule is consolidated as follows:
Roads $ 4,135,000
Sidewalks/Bikeways
$ 720,000
Recreation $ 2,279,000
Public Buildings $ 1,000,000
Golf Course $ 47,000
Airport $ 5,665,305
Debt Service
2,431,085
$ 17,077,390
TOTAL
129
]CITY OF SEBASTIAN, FLORIDA 2003/2004 PROPOSED BuDGET]
FIVE YEAR CAPITAL IMPROVEMENt PR(g]iAM
Octd~er 1, 2007
October 1, 2004 to Octob~ 1, 2005 to October 1, 2006 to to September 30, October 1, 2008 to
Septem~ 30, 2005 Septmtxr 30, 2006 September 30, 2007 2008 Septent:~ 30, 2009 Total
Rffi~enues:
Cash Fomard $ 567,463 $ 1,737,347 $ 2"059,088 $ 969,709 $ 657,082 $ 5,990,689
ocneralFund $ 100,000 $ 100,000 $ 100,000 $ 100,000 $ 100,000! $ 500,000
Local Option Gas Tax $ 150,000 $ 150,000 $ 150,000 $ 150,000 $ 150,000 $ 750,000
DiscretiomtrySalcsSumx $ 1,275,318 $ 1,370,957 $ 470,900 $ 1,575,340 $ 2.534,481 $ 7,226,996
RiverffontRedevelopm~tDistfict $ 134,357 $ 138,388 $ 142,539 $ 146,816 $ 151,220 $ 713,320
ReclmpactFee $ 200,850 $ 206,876 $ 213,082 $ 219,474 $ 226,058 $ !,066,340
Storm~ater Utility Fee $ 599,086 $ 605,077 $ 611,128 $ 617,239 $ 623,411 $ 3,055,941
Golf Cot~se Fund $ 200,000 $ 47,000 $ $ $ 247,000
Aiq~Ft~ds $ 220,000 $ 188,125 $ 179,936 $ 320,000 $ 908,061
OtherFu~tlng(Bcngts, Grants, etc.) $ 2,005,000 $ 536,500 $ 719,744 $ 1,480,000 $ 4,741,244
Interest Income $ 69,490 $ 67,661 $ 44,190 $ 75,722 $ 67,112 $ 324,174
TotalRevenues $ 5,521,564 $ 5,147,930 $ 4,690,606 $ 5,654,299 $ 4,509,365 $ 25,523,764
FISCAL YEAR 2004/2005:
Road Improve~nts:
Road Paving
Main Street Enhancemmts
Sidewalks and Bikeways:
Annual Sidewalk Program
Recreation Facilities:
Pumhase Land in Park Zone A
Keen Terr/S. Wimbrow Park (Zone
Blossom Park (zone A)
Construct Access Roads
Install Ve~ical Guiclmr~e System
Construct Taxiway C
City tlall
$ 150,000
$ 349,000
$ 180,000
$ 123,000
$ 41,000
$ 30,000
625,000
100,000
1,500,000
154,693
331,524
200,000
$ 150,000
$ 349,000
$ ~80,000
$ 123,000
$ 41,000
$ 30,000
$
$
$
625,000
100,000
1,500,000
154,693
331,524
200,000
130
]CITY OF SEBASTIAN, FLORIDA 2003/2004 PROPOSED BUDGET
FIVE YEAR CAP1TAL IMPROVEMENT PROGRAM
October I, 2007
October 1,2004to October 1,2005to October 1,2006to toSepten~ 30, October 1,2008to
September 30, 2005 Septerc/~ 30, 2006 Septerrk~ 30, 2007 2008 Septerr/x:r 30, 2009 To~al
FISCAL YEAR 2005/2006:
Road Improvements:
Rx~l Paving $ 150,000 $ 150,000
Sidewalks and Bikeways:
Annual Sidewalk Pl~gram $ 180,000 $ 180,000
Recreation Facilities:
Pedwinld~Seasho.: Park (Z~ae D) $ 10,000 $ 10.000
Sto~'~p Steer Park - Boardwalk $ 60,000 $ 60,000
S. Win-/a~/Azine Terr Park $ 15,000 $ 15,000
Public Facilities:
Land (Wetland iVfitigation Bank) $ 1,000,000 $ 1,000,000
Golf Course:
Rebuild Golf Co~se Restrooms $ 47,000 $ 47,000
Airport:
Install Taxiveay Lights i $ 300,000 $ 300,000
Heavy Equipment Lea~e $ 154,693 $ 154,693
City Hall $ 331,524 $ 331,524
Reserve $ 200,000 $ 200,000
R~ad Improvements:
laconia Street Enha'~cements $ 500,000 ! $ 500,000
Fleming Street Enhancemmts $ 1,305,000 $ 1,305,000
Road Paving $ 150,000 $ 150,000
Annual Sidewalk Program $ 180,000 i $ 180,000
Conduct Master Plan Upclate $ 300,000 $ 300,000
Construct Multi Aircrat~ Hangars Phase II $ 234,375 $ 234.375
Comm~et Apron $ 365,305 $ 365,305
Heavy Equiprcent Lease $ 154.693 $ 154,693
City Hall $ 331,524 $ 33 !,524
Reserve $ 200,000 $ 200,000
131
]CITY OF SEBASTIAN, FLORIDA 2003/2004 PROPOSED BUDGET]
October 1, 2007
Octoberl, 2OO4to Octoberl, 2OO5to Octoberl, 2OO6to to September 30, October l, ~ to
Septenixx 30, 2005 Septenter 30, 2006 September 30, 2007 2008 September 30, 2009 Tc~al
FISCAL YEAR 2007/20~:
Road ln~rovemen~:
Lac~ia S~eet ~nhanoamnts $ 73 ! ,000 $ 731,000
Fleming Sm~ Enhaneem~ts $ 650,000 $ 650,000
Road Paving $ 150,000 $ 150,000
Sidewalk and Bikeways:
Anntal Skk~alk ~ $ 180,000 $ 180,000
Recreation Facilities:
Seb~an Civic C~nt~x (Zone C) $ 1,000,000 $ !,000,000
ConsUuct 3c~ss Road $ 800,000 $ 800,000
~ Service:
Heavy Fxlui~re~t Lease $ 154,693 $ 154,693
City Hail $ 331,524 $ 331,524
Reserve $ 200,000 $ 200,000
Recreation Facilities:
Sd~astim Civic C~t~ (Zone C) $ 1,000,000 $ 1,000,000 ~
Constant P~lneter Reed
Constant Access Road
Heavy Equipmmt Lease $ 154,693 $ 154,693
City Hall $ 331,524 $ 331,524
TotalEa~pendittwes $ 3,784,217 $ 3,088,8421 $ 3,720,897 $ 4,997,217 $ 1,486,217 $ 17,077,390
IDifference 15 1,737~,x~7 15 2,059,088 15 969,709 15 657,082 15 3,023,148 I$ 8~446~374 1
132
]CITY OF SEBASTIAN, FLORIDA 2003/2004 PROPOSED BUDGET]
FIVE YEAR CAPITAL IMPROVEMENT PROGRAM BY FUNDING SOURCE
FISCAL YEAR 2004/2005
Local Discretionary Recreation Golf
Option Sales Impact Course Airport Other
Gas Tax Ta._..~x Fete Fund Fund Sources
Total
Road Improvements
Road Paving 150,000 150,000
Main Street Enhancements 349,000 349,000
Sidewalks and Bikeways
Annual Sidewalk Program 180,000 180,000
Recreation Facilities
Purchase Land in Park Zone A
Keen Ten./S. Wimbrow Park (Zone B)
Blossom Park (Zone A)
123,000 123,000
41,000 41,000
30,000 30,000
125,000 500,000 625,000
20,000 80,000 100,000
75,000 !,425,000 1,500,000
Airport
Construct Access Roads
Install Vertical Guidance System
Construct Taxiway C
Debt Service
Heavy Equipment Lease 154,693 154,693
City Hall 331,524 331,524
Reserve
Total Fiscal Year 2004/2005
200,000 200,000
150,000 1,215,217 194,000 0 220,000 2,005,000 3,784,217
FISCAL YEAR2005/2006
Road Improvements
Road Paving
Sidewalks and Bikeways
Annual Sidewalk Program
Recreation Facilities
Periwinkle/Seashore Park (Zone D)
Stoneerop Street Park
S. Wimbrow/Azine Ten' Park
Public Facilities
Land (Wetland Mitigation Bank)
150,000 150,000
180,000 180,000
10,000 10,000
60,000 60,000
15,000 15,000
1,000,000 1,000,000
Golf Course
Rebuild Golf Course Restrooms
47,000 47,000
Airport
Construct Multi-aircraft Hangars
Acquire Land
Install Taxiway Lights
78,125 312,500 390,625
50,000 200,000 250,000
60,000 240,000 300,000
Debt Service
Heavy Equipment Lease 154,693 154,693
City Hall 331,524 331,524
Reserve
200,000 200,000
Total Fiscal Year 2005/2006
150,000 1,866,217 85,000 47,000 188,125 752,500 3,088,842
133
IcITy 0F SEBASTIAN, FL0mDA 2003/2004 pROPOSEDBUD ET.I
FIVE YEAR CAPITAL IMPROVEMENT PROGRAM BY FUNDING SOURCE
FISCAL YEAR 2006/2007
Local Discretionary Recreation Golf
Option Sales Impact Course Airport Other
Gas Tax. Ta___~x Fe.._.ge Fund Fund Sources
To,tal
Road Improvements
Laconia Street Enhancements 500,000 500,000
Fleming Street Enhancements 1,305,000 1,305,000
Road Paving 150,000 150,000
Sidewalks and Bikeways
Annual Sidewalk Progrmn 180,000 180,000
Airport
Conduct Master Plan Update 60,000 240,000 300,000
Construct Perimeter Road 46,875 187,500 234,375
Construct Apron 73,061 292,244 365,305
Debt Service
Heavy Equipment Lease 154,693 154,693
City Hall 331,524 33 ! ,524
Reserve 200,000 200,000
150,000 2,671,217 0 0 179,936 719,744 3,720,897
Total Fiscal Year 2006/2007
FISCAL YEAR 2007/2008
Road Improvements
Laconia Street Enhancements 731,000 731,000
Flemiug Street Enhancements 650,000 650,000
Road Paving 150,000 150,000
Sidewalks and Bikeways
Annual Sidewalk Program
Recreation Facilities
Sebastian Civic Center (Zone C)
180,000 180,000
i ,000,000 1,000,000
Airport
Construct Perimeter Road 160,000 640,000 800,000
Construct Access Roads 160,000 640,000 800,000
Debt Service
Heavy Equipment Lease 154,693 154,693
City Hall 331,524 331,524
Reserve 200,000 200,000
Total Fiscal Year 2007/2008
150,000 3,247,217 0 0 320,000 1,280,000 4,997,217
134
ICITY OF SEBASTIAN, FLORIDA Z003/2004 PROPOSED BUDGET[
FIVE YEAR CAPITAL IMPROVEMENT PROGRAM BY FUNDING SOURCE
FISCAL YEAR 2008/2009
Recreation Facilities
Sebastian Civic Center (Zone C)
Local Discretionary Recreation Golf
Option Sales Impact Course Airport Other
Gas Tax Ta._..~x Fe....~e Fund Fund Sources
Total
1,000,000 1,000,000
Debt Service
Heavy Equipment Lease 154,693
City Hall 331,524
Total Fiscal Year 2008/2009
Total Five Year Capital Plan
154,693
331,524
$ $ 1,486,217 $ $ $ $ $ 1,486,217
$ 600,000 $ 10,486,085 $ 279,000 $ 47,000 $ 908,061 $ 4,757,244 $ 17,077,390
135